Sugar: Positive outlook if stabilizing over key 6.6 area
6.46 - 2015 low and coincidentally was the breaking of the downward trend which last between Nov 17- Oct 18
6.62 Where i would eventually like to enter.. with the 50 d/Ma turned up and moving higher
* has been a floor in Feb 18
* and resistance Jun 18 + Nov 18 + Jan 19
Stops can be placed at 6.4 - 5.9
Target 7.0 sell 25% stop 6.62
Target 8.0 sell 25% stop 7.0
Eventual Target 11.0 depending on price action
6.62 Where i would eventually like to enter.. with the 50 d/Ma turned up and moving higher
* has been a floor in Feb 18
* and resistance Jun 18 + Nov 18 + Jan 19
Stops can be placed at 6.4 - 5.9
Target 7.0 sell 25% stop 6.62
Target 8.0 sell 25% stop 7.0
Eventual Target 11.0 depending on price action
Comment:
www.tradingview.com/chart/7gOarVY2/
Trade active:
Trade active: